• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

Penalties for selling illegal products in force, online merchants warned

by June 23, 2025
June 23, 2025

THE Department of Trade and Industry (DTI) said new penalties are now enforceable against online merchants and platforms selling illegal products and services.

With the end of the Internet Transactions Act’s transitory period,“the DTI is now empowered to issue takedown orders against online listings for illegal goods or services,” it said in a statement on Monday.

“Digital platforms can also be held solidarily liable with sellers for violations if they fail to act on illicit activities on their sites,” it added.

Under the law, all online marketplaces, retailers, and merchants are required to disclose the price, brand name, description, condition, and the seller’s contact details for all goods and services offered.

“Furthermore, platforms must operate accessible and equitable consumer redress systems, secure payment methods, and robust data protection standards,” the DTI said.

With the transitory period having ended on June 20, the DTI’s E-Commerce Bureau can now subpoena documents from entities under investigation.

However, the DTI clarified that its authority is only “ancillary to the primary jurisdiction of other regulatory agencies over specific goods and services.”

Trade Secretary Ma. Cristina A. Roque said: “Our goal is to give every consumer peace of mind when they shop online, while ensuring that our thousands of legitimate entrepreneurs and MSMEs are protected from unfair competition and illicit trade.”

The DTI is also developing a Philippine E-Commerce Trustmark which will act as a seal of quality for online businesses deemed compliant and trustworthy. — Justine Irish D. Tabile

previous post
“Shut Up You Pathetic Little Hypocrite”: Rep. Marjorie Taylor Greene Torches AOC for Backing Ukraine War Under Biden, Then Pretending to Be Anti-War
next post
300 bridges set to enhance farm-to-market connectivity

You may also like

Agri dep’t seeks 10% budget hike

June 23, 2025

Transfer pricing rules and restructuring

June 23, 2025

300 bridges set to enhance farm-to-market connectivity

June 23, 2025

Anti-dumping duties imposed on gypsum board from Thailand

June 23, 2025

BoC sees pickup truck tax, rice tariff hike...

June 22, 2025

Philippines set to host ASEAN Business Advisory Council...

June 22, 2025

The first global generation is forcing workplace reinvention

June 22, 2025

PCA says Japan green-tech companies exploring fertilizer, aviation-fuel...

June 22, 2025

Mining industry bracing for volatile nickel, copper

June 22, 2025

Farm output seen posting strong Q2

June 22, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • REPORT: Iran Coordinated Missile Attack on US Base in Qatar with Qatari Government

      June 23, 2025
    • UPDATE: Qatar Confirms Interception of All Iranian Missiles at Al‑Udeid — No U.S. Casualties Reported

      June 23, 2025
    • Iranian Military Spokesman Threatens Trump: “Warriors of Islam… Will Launch Powerful and Well-Planned Operations…You Started This War But We Will Finish It”

      June 23, 2025
    • BREAKING: Iran Launches 10 Missiles Toward US Bases in Qatar as Americans Told to Shelter in Place

      June 23, 2025
    • JUST IN: “I Guess That’s Why Putin’s THE BOSS” – President Trump Responds to Russia’s Medvedev Saying Other Countries will Arm Iran with Nukes, Warns U.S. Nuclear Submarines are “20 Years Advanced Over the Pack”

      June 23, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick